Global perspective of an Irish expat travel hacker with a serious case of wanderlust who has visted 60+ countries while living on 5 continents. My passion is travel. WARNING! - may contain foul language, nudity and Irish humour!

Wednesday, 2 January 2013

Prices have increased considerably since I spent a year here back in 2007 to 2008. Back then it was relatively cheap to live here in comparison to the USA or EU. Assuming you had modest savings in a strong currency like Dollars or Euros you could live very comfortably. Many people chose Buenos Aires as a location for retirement.

The exchange rate in 2007 was u$d1 = arg 3 pesosThe official exchange rate in 2013 is u$d1 = arg 5 pesosThe actual exchange rate on the street aka "blue rate" is more like arg 6.5 pesos You might expect more bang for your buck with the change but with inflation it is quite the opposite. In the table below I have tracked changes in prices since 2007. Here is the original post that attracted a lot of attention back then. .Use the scroll bars below to see the entire list or click here

i am a living Granada Nicaragua prices here are half of what they are in Buenos Aires Granada is nice safe colonial town not much to do except drink ,i beer 20 cordobas less than a dollar last night i went out with some friends for drinks ,we hard a bottle of Flor De Caina 7 year served with ice and cokes for less than 20 dollars inc tip and service

We just got back yesterday from 11 days in BA for the holidays. It was much more expensive than I remember from my travels there in the 90's. And the worst part is that we have USD200 worth of ArPesos no one will buy back. (But most of the Malbec is still a good deal.)

*smiles* It is only more expensive for Americans and europeans - not for Canadians, Australians, New Zealanders, Chinese etc. It is because the US Government is deliberately devaluing the US dollar by printing money.Johnnie Wendt

Bloody hell!!! I lived in Buenos Aires from 2005 - 2008 but haven't been back since. I'm going there for three weeks in June this year and while I knew things had gone up I'm actually shocked reading this! 18 pesos for a cup of coffee!!! 87 pesos for ice cream! G'ah!!! Better get saving. Thanks for the post. Fantastic to have up to date information.